Which of the following is an explicit cost of migration?

Question

Quizplus · Accepted Answer

Paying application fees is a clear, out-of-pocket cost associated with the decision to migrate, and is an example of an explicit cost. Wages given up (A) are an opportunity cost, since they are the forgone alternative of staying in the home country. Adapting to a new culture (B) and the stress of job hunting (D) could be considered implicit costs, as they are not directly measurable in dollar terms but are still real costs incurred by the individual.

Which of the Following Is an Explicit Cost of Migration